Listing Courtesy of: Nathan Adams - Redt Llc
303-997-4001
$900,000
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2739 W 12th Avenue Denver, CO 80204
Duplex
Residence
8
Beds
4
Baths
2,456
Sq. Ft.
Property Activity
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days
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EXCELLENT OPPORTUNITY AT BOTH A 6.9 CAP (projected, rents go up in the fall at lease renewal to the 2024 rates) & FUTURE DEVELOPMENT POTENTIAL WITH C-MX-5 ZONING! Duplex property located in Sun Valley Neighborhood, 4 bedrooms per side, rents go up in the fall at lease renewal – section 8 4 bedrooms ...2024 fair market value is $3,548 per unit. Property is currently rented with 4-bedroom Section 8 Vouchers, rent payments are guaranteed on the first of the month via direct deposit. Property has been stabilized for 8 years straight and is great for cash flow while future development entitlements are finalized. PLEASE DO NOT BOTHER TENANTS, NO SHOWINGS UNTIL A CONTRACT IS SUBMITTED.
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MLS#
5907008
Property Type
Duplex
Status
Bedrooms
8
Bathrooms
Year Built
1894
Square Feet
2,456
sq. ft
Stories
1.0
Sewer
Public Sewer
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